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§ Private Profile · Toronto, Canada
Resq is a technology company.
ResQ is building the AI-powered infrastructure for the service economy - helping Trades and Facilities to operate more efficiently and grow faster.
Resq has raised $47.0M across 2 funding rounds.
Resq has raised $47.0M in total across 2 funding rounds.
ResQ is a technology company that provides modern facility management software primarily serving the hospitality and trades industries. Its platform connects thousands of facilities with trades businesses, streamlining repair and maintenance operations to improve efficiency and reduce downtime. ResQ’s solution addresses the common problem of managing repairs and maintenance in restaurants and service businesses, helping operators avoid costly disruptions and focus on delivering great customer experiences. The company has demonstrated strong growth momentum, supporting over 10,000 facilities and facilitating millions in new business for its trade partners[3][6].
ResQ was founded in 2017 by KJ Singh, who was inspired to create a better solution after experiencing operational challenges while running a restaurant business selling Australian meat pies in Canada. A pivotal moment was a costly fridge malfunction that resulted in a $40,000 loss due to delayed repair service. This personal pain point motivated Singh to develop a platform that would simplify and improve the repair and maintenance experience for hospitality operators and service vendors. Since then, ResQ has grown rapidly, gaining traction with thousands of restaurants and vendors[3].
ResQ rides the growing trend of digital transformation in facility management and the hospitality sector, where operational efficiency and customer experience are critical competitive factors. The timing is favorable due to increasing demand for streamlined maintenance solutions that reduce downtime and operational risk. Market forces such as rising labor costs, the complexity of managing multiple vendors, and the need for real-time communication support ResQ’s value proposition. By digitizing and automating repair workflows, ResQ influences the broader ecosystem by enabling hospitality businesses to scale operations more efficiently and trades businesses to grow revenue through better job matching[3][6].
Looking ahead, ResQ is well-positioned to expand its footprint in hospitality and related service industries by leveraging AI and data analytics to further optimize maintenance workflows and predictive repair. Trends such as smart building technologies and IoT integration could shape its product evolution, enhancing proactive facility management. As ResQ deepens its network effects and operational capabilities, its influence is likely to grow, potentially becoming a critical infrastructure platform for service operations in hospitality and beyond. The company’s founding story of solving real-world pain points continues to drive its mission and innovation trajectory[3][6].
Resq has raised $47.0M across 2 funding rounds. Most recently, it raised $39.0M Series A in October 2021.
Resq has raised $47.0M in total across 2 funding rounds.
Resq's investors include Canvas Ventures, Tiger Global Management, 75 & Sunny, Abstract Ventures, Acrew Capital, AirAngels, Alt Capital, Andreessen Horowitz, Angel investor, Jana Messerschmidt, Arrive, Ascend Vietnam Ventures.